8-K
filed February 22, 2024, 6:59 PM ET
ticker DYNR
CIK 0001111741
leadership
confidence high
sentiment positive
materiality 0.65
DynaResource appoints Quinton Hennigh and Brent Omland to board; Vail and Vargas Lugo resign
DYNARESOURCE, INC.
- Dr. Jose Vargas Lugo and Ronald Vail resigned from board effective Feb 16, 2024; Vargas Lugo remains Director of Operations Mexico.
- Quinton Hennigh, exploration geologist with 33 years experience, and Brent Omland, co-CEO of Ocean Partners, appointed as Class I directors.
- Omland's appointment per Stock Purchase Agreement with Ocean Partners; Ocean Partners paid $35.3M for gold in 2023.
- Hennigh granted options for 400K shares at $5.00, vesting over 4 years; new Equity Incentive Plan approved for up to 2.7M shares.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Brent Omland was appointed as Class I Director at DYNARESOURCE, INC..
- Action
- appointed
- Role
- Class I Director
Exact text from the filing
On the same date, the Board accepted Mr. Vail’s and Dr. Vargas Lugo’s resignations and appointed Mr. Omland and Dr. Hennigh to the vacancies created thereby as Class I directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Quinton Hennigh was appointed as Class I Director at DYNARESOURCE, INC..
- Action
- appointed
- Role
- Class I Director
Exact text from the filing
On the same date, the Board accepted Mr. Vail’s and Dr. Vargas Lugo’s resignations and appointed Mr. Omland and Dr. Hennigh to the vacancies created thereby as Class I directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jose Vargas Lugo resigned as Class I Director at DYNARESOURCE, INC..
- Action
- resigned
- Role
- Class I Director
Exact text from the filing
On February 16, 2024, Mr. Ronald Vail and Dr. Jose Vargas Lugo each advised the Company’s Board of Directors that they were resigning their seats on the Board to make way for the appointment of Mr. Brent Omland and Dr. Quinton Hennigh.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ronald Vail resigned as Class I Director at DYNARESOURCE, INC..
- Action
- resigned
- Role
- Class I Director
Exact text from the filing
On February 16, 2024, Mr. Ronald Vail and Dr. Jose Vargas Lugo each advised the Company’s Board of Directors that they were resigning their seats on the Board to make way for the appointment of Mr. Brent Omland and Dr. Quinton Hennigh.
View on SEC.gov
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